Richland, IA
Population 566 · Iowa
About Richland, IA
Richland is a small community in Iowa with a population of 566 residents. The median household income is $57,308 per year, which is near the national average. The median age in Richland is 29.7 years.
Housing in Richland has a median home value of $118,100 and median monthly rent of $0. Of the 243 total housing units, the majority are owner-occupied, with 182 owner-occupied and 36 renter-occupied units.
The unemployment rate in Richland is 3.0% and the poverty rate is 11.2%. 23.7% of residents hold a bachelor's degree or higher. The average commute time is 27.3 minutes.
Cost of Living in Richland, IA
Compared to national averages, Richland has a median household income of $57,308 (24% below the national median of $75,149). Home values average $118,100, which is 52% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Richland's income is 16% below the state average of $67,947, and home values are 11% below the state median of $132,237.
Why Live in Richland, IA?
Richland offers affordable housing with a median home value of $118,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.0%. Additionally, the city features a low poverty rate of 11.2%, better than the national average.
Potential considerations include median household income ($57,308) that falls below the national average. However, Richland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richland has a population of 566 with a median age of 29.7 years. Compare Richland with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Richland
What is the population of Richland, IA?
The population of Richland, IA is 566 according to the latest Census data.
What is the median household income in Richland?
The median household income in Richland, IA is $57,308 per year.
What is the median home value in Richland?
The median home value in Richland, IA is $118,100.
What is the average rent in Richland?
The median monthly rent in Richland, IA is $0.
What is the unemployment rate in Richland?
The unemployment rate in Richland, IA is 3.0%.